Hyundai and Kia to develop electric commercial vehiclesChristian Fernsby ▼ | January 16, 2020
Hyundai Motor Company and Kia Motors Corporation today announced a strategic investment of €100 million ($110 million) in a new partnership with Arrival, a UK-based electric vehicle startup.
Auto industry Hyundai Motor
Topics: Hyundai Kia electric vehicle
The partnership with Arrival will help Hyundai and Kia meet rapidly growing demand in Europe for eco-friendly commercial vehicles, and accelerate the brands’ transformation from car makers to clean-mobility providers. ■